Background

Mrs. Thembalihle Hixonia Nyasulu, BA (Hons) co-founded Ayavuna Women's Investments (Pty) Ltd. in 2004. Mrs. Nyasulu ran T.H. Nyasulu & Associates, a marketing and research company she started in 1984 after working for Unilever for six years and served as the Chief Executive Officer of T.H. Nyasulu & Associates until 2004. A former Unilever employee, she has also founded two highly successful companies. She is the founder and serves as the Executive Chairman of Ayavuna ... Women's Investments (Pty) Ltd. Mrs. Nyasulu served as the Non-Executive Chairwoman of Barloworld Ltd. She served as the Chair of Sasol Ltd. since November 28, 2008 until November 22, 2013. She served as the Chairperson of the Development Fund of the Development Bank of South Africa. She served as a Deputy Chairman of Nedbank Limited. She has been a Non-Executive Director of Unilever NV and Unilever Plc since May 16, 2007. She serves as a Director of TH Nyasulu and Associates, Anglo Platinum Ltd., Defy (Pty) Limited, and Tongaat-Hulett Group Ltd. Mrs. Nyasulu serves as a Member of the Advisory Board at JP Morgan SA. A highly experienced non-executive director, she has been on the boards of South African blue-chip companies since 1992. She served as a Director of amongst others AECI Limited, Nedcor Limited and Nedbank Limited, McCarthy Group Limited and Relyant Retail Limited. She served as a Director of Sasol Ltd. from June 1, 2006 to November 22, 2013. She served as a Non-Executive Director of Barloworld Ltd. from January 26, 2007 to January 29, 2014. She served as a Non-Executive Director of The Development Bank of Southern Africa since August 1, 1997. She served as an Independent Non-Executive Director of Avi Ltd. since May 2001. She serves as a member of the Banking Enquiry Panel, appointed by the South African Competition Commission to investigate charges in the retail banking sector, access to the National Payment System and competition in the sector. She is regarded as one of the most influential women in business in South Africa, she is rapidly developing an international reputation as a board member with integrity and drive. She was rated by the Financial Mail amongst the top three most influential women in business in South Africa. Mrs. Nyasulu holds an Executive Leadership Development Programme certificate of Arthur D Little Management Education Institute in 1995 and attended the International Programme for Board Members at the Institute of Management Development in Lausanne, Switzerland in 1997. Mrs. Nyasulu holds B.A Hons in Psychology from University of Zululand in 1978, B.A in Social Work from University of Zululand in 1976.

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